U.S. Government Cognitive and Artificial Intelligence Forecast, 2018–2021: Federal and State and Local Should See Moderate Growth
This IDC study provides a perspective on spending on cognitive and AI solutions across all levels of the U.S. government through 2021. "Based on surprisingly robust CAGR of 54.3% through 2021, government cognitive and AI solutions will experience aggressive and ongoing year-over-year growth for the next several years," said Shawn P. McCarthy, research director for IDC Government Insights. "This is driven by long-term public sector goals of reducing spending and improving citizen services. AI, when integrated with a wide variety of government data collections, has the capability to leverage cost cutting while improving data access."
Please Note: Extended description available upon request.